- 7 March 2006 11:45
Hyperion and Teradata Deliver Integrated Bi-Functionality for Retailers
Hyperion (Nasdaq: HYSL), the global leader in Business Performance Management software, today announced that it is working with Teradata, a division of NCR Corporation, to enhance retail customer relationships by supporting Teradata’s industry-leading Retail Decisions analytical solution with the Hyperion System 9 BI+ business intelligence platform.
Hyperion has passed the Teradata Retail Decisions Benchmark, performing complex retail analytics with excellent levels of performance to meet the scalability requirements of retailers.
“Passing the benchmark demonstrates that Hyperion’s performance levels meet the most exacting standards,” said John Dinning, vice president, Teradata Solutions.
The validation test was run on Hyperion System 9 BI+ Interactive Reporting, a module of Hyperion System 9 that provides executives, business users and analysts with the most intuitive user-directed relational query and analysis capabilities available today. Interactive Reporting connects to the Teradata Enterprise Data Warehouse and delivers dashboards and highly formatted reports. Teradata’s relational data can be augmented with the output of Hyperion’s multidimensional reporting services for even broader reporting and presentation capabilities.
Teradata Retail Decisions gives retailers the ability to analyse any subset of their business and uses an extensible, industry-specific logical and physical data model to allow retailers to implement an enterprise-wide solution that meets current and future business objectives. By combining the Teradata solution with the Hyperion BI analytics and dashboard technology, the retailers are able to better analyse their business. Additionally, customer and vendor scorecarding, as well as the enhanced insight into sales reporting and seasonal planning, enable retailers to take ROI-driven actions.
“Operational Analytics is a key element of driving Business Performance Management,” said Rob Berman, vice president, US Retail Industry, Teradata. “By combining Retail Decisions with the Hyperion BI Platform and BPM applications, we are providing a complete view of the retailer’s business.”
As part of the Hyperion System 9 BI+ platform, Interactive Reporting shares common administration, user management, and installation and configuration support with other BI+ modules. This common infrastructure provides one point of access for end users to all content while reducing the maintenance required for IT professionals.
“In the intensely competitive retail industry, having the right technology can be a real differentiator,” said Mercedes Ellison, vice president of global partner sales for Hyperion. “By working with Teradata to give customers a solution that will help them extract and manage their cross functional data - with the goal of better understanding where money was being made and spent - we’ve made it possible for retailers to increase efficiency and raise customer satisfaction levels.”
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Hyperion Solutions Corporation is the global leader in Business Performance Management software. More than 10,000 customers rely on Hyperion software to provide visibility into how their businesses are performing and to help them plan and model to improve that performance. Using Hyperion software, customers collect data, organise and analyse it, then communicate it across the enterprise. Hyperion offers the industry's only Business Performance Management solution that integrates financial management applications with a business intelligence platform into a single system.
Named one of the FORTUNE 100 Best Companies to Work For (2004), Hyperion serves global customers in 45 countries. A network of more than 600 partners provides the company’s innovative and specialised solutions and services. Hyperion generated revenues of $703 million for the fiscal year that ended June 30, 2005 and is traded under the Nasdaq symbol HYSL. For more information, please visit www.hyperion.com.
“Hyperion,” the Hyperion “H” logo and Hyperion’s product names are trademarks of Hyperion. References to other companies and their products use trademarks owned by the respective companies and are for reference purpose only.
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